BOND CERTIFICATE

IPA (US):

 Dictionary entry overview: What does bond certificate mean? 

• BOND CERTIFICATE (noun)
  The noun BOND CERTIFICATE has 1 sense:

1. a certificate of debt (usually interest-bearing or discounted) that is issued by a government or corporation in order to raise money; the issuer is required to pay a fixed sum annually until maturity and then a fixed sum to repay the principal

  Familiarity information: BOND CERTIFICATE used as a noun is very rare.

 Dictionary entry details 

• BOND CERTIFICATE (noun)

Sense 1

Meaning:

A certificate of debt (usually interest-bearing or discounted) that is issued by a government or corporation in order to raise money; the issuer is required to pay a fixed sum annually until maturity and then a fixed sum to repay the principal

Classified under:

Nouns denoting possession and transfer of possession

Synonyms:

bond; bond certificate

Hypernyms ("bond certificate" is a kind of...):

certificate; security (a formal declaration that documents a fact of relevance to finance and investment; the holder has a right to receive interest or dividends)

certificate of indebtedness; debt instrument; obligation (a written promise to repay a debt)

Hyponyms (each of the following is a kind of "bond certificate"):

bond issue (bonds sold by a corporation or government agency at a particular time and identifiable by date of maturity)

convertible bond (a bond that can be converted to other securities under certain conditions)

corporate bond (a bond issued by a corporation; carries no claim to ownership and pays no dividends but payments to bondholders have priority over payments to stockholders)

bearer bond; coupon bond (a bond issued with detachable coupons that must be presented to the issuer for interest payments)

government bond (a bond that is an IOU of the United States Treasury; considered the safest security in the investment world)

high-yield bond; junk bond (a (speculative) bond with a credit rating of BB or lower; issued for leveraged buyouts and other takeovers by companies with questionable credit)

municipal bond (a bond issued by a state or local government)

noncallable bond (a bond containing a provision that the holder cannot redeem the security before a specific date (usually at maturity))

performance bond; surety bond (a bond given to protect the recipient against loss in case the terms of a contract are not filled; a surety company assumes liability for nonperformance)

post-obit bond (a bond made by a reversioner to secure a loan; payable out of his reversion)

registered bond (a bond whose owner is recorded on the books of the issuer; can be transferred to another owner only when endorsed by the registered owner)

revenue bond (a bond issued by an agency that is commissioned to finance public works; revenue from the public property is used to pay off the bond)

secured bond (a bond that is back by collateral)

debenture; debenture bond; unsecured bond (the ability of a customer to obtain goods or services before payment, based on the trust that payment will be made in the future)

zero-coupon bond; zero coupon bond (a bond that is issued at a deep discount from its value at maturity and pays no interest during the life of the bond; the commonest form of zero-coupon security)

Premium Bond (a government bond that bears no interest or capital gains but enters the holder into lotteries)